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Friday, February 13, 2026
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NNPCL Lowers Petrol Price by ₦15 

Veritas Media Staffer
By Veritas Media Staffer

The Nigerian National Petroleum Company Limited (NNPCL) has adjusted the pump price of Premium Motor Spirit (PMS) from ₦910 to ₦895 per liter, reflecting a ₦15 reduction. 

The Nigerian National Petroleum Company Limited (NNPCL) has adjusted the pump price of Premium Motor Spirit (PMS) from ₦910 to ₦895 per liter, reflecting a ₦15 reduction. 

Industry experts note that liberalization has increased competitiveness in Nigeria’s downstream oil sector. Chinedu Ukadike, the spokesperson for IPMAN, said marketers can now better compete with NNPCL. However, he criticized NNPCL’s ongoing dominance and highlighted unresolved issues with the Port Harcourt, Warri, and Kaduna refinery rehabilitations. 

The newly inaugurated NNPCL Board headed by Engineer Ahmadu Musa Kida though, had promised Nigerians that in carrying out its mandate, it will resort to people-centric policies. 

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VERITAS MEDIA is an Abuja-based Nigerian national media that publishes the first magazine on politics in Nigeria. It was founded by a Harvard-trained journalist in 2010 as a limited liability company. It obtained its Veritas 93.5 FM Radio Broadcast License and a Direct Satellite Broadcast (DBS) TV License to operate its Veritas Television in 2018 and 2023 respectively.

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Headlines

Why Barcelona will not be at the FIFA Club World Cup 

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Barcelona did not qualify as the dates were backdated four years, and the winners of the primary club competition, the equivalent of the UEFA Champions League, from 2021 qualified automatically. 

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NNPC Limited Cautions Against Impersonation by Fraudulent Representatives 

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The Nigerian National Petroleum Company Limited (NNPCL) has informed the general public about individuals and companies that are falsely claiming to represent the organization. These impostors are reportedly requesting fees for arranging meetings with NNPC’s board of directors, executives, and management staff. 

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The US State Department has instructed diplomatic posts to resume processing visas for Harvard University students and exchange visitors after a judge blocked President Trump's attempt to restrict international students.

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